First of all we want to thank everyone in the community for being here and helping me with the research. The best part of putting ourself online is being able to meet like minded individuals, and we are overwhelmed by the support we have received.
This is the fully customisable version of the MultiLook Indicator that i coded.
It took me 50+ hours with close to 300 different versions to code up the MultiLook with easily accessible options available, to make it more user friendly i have to recode everything from the ground up.
I do not like subscription, i do not want to "milk" people. I just want to be paid a fair value for the amount of work i have put into it, and it is yours forever and i will always be updating this as i personally use this as well.
If you are using the Free version of TradingView, getting this indicator will save you your indicator slots, instead of subscribing for $20 a month. A 1 time purchase of the Multi Look will let you place it onto your chart with more room to spare
This is an Indicator that combines the High Low Index, McClellan Oscilator, VIX, and Put to Call Ratio into 1 Indicator. This way you do not need to use 4 indicators to get the same result.
Leave this indicator on and always check on it once a day to see if there are any signals being fired. Being a part time swing trader, i do not have all the time in the world to be always looking into the markets. Being a Part Time Swing Trader i simply want to add into my portfolio with the least amount of effort without having to consistently look at charts everyday. And this is how this strategy is developed. When i was schooling and working at the same time, being able to simply check the markets once a day and execute when the signals fired made life so much easier for me.
This only works for the SPY on the daily timeframe as these are market indicators, however if you are more advanced, you can take these signs as a good time to be investing into similar strategies
Starting from the top is the high low index, whenever the high low index crosses below 5% a green bar would form that cuts across the entire indicator with a small green triangle. This is the most reliable indicator, it does not fire often, but when it does it usually marks a bottom. The entry is the first bar when the signal stops firing
Next is the McClellan Oscillator which fires a white bar that cuts across teh entire indicator too. signal when there is cross below 80, this is the second most important indicator with a 80% winrate, so always keep an eye for it